Managed Services market size is projected to reach USD 271640 Million by 2028, from USD 142300 Million in 2021, at a CAGR of 9.2% - valuates Reports

The global Creative Management Platforms market size is projected to reach US$ 2017.8 million by 2028, from US$ 882 million in 2021, at a CAGR of 12.4% during 2022-2028.

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TRENDS INFLUENCING THE CREATIVE MANAGEMENT PLATFORMS MARKET
Increasing adoption in several organizations

Attracting verified leads is a hugely complex problem as consumers have complicated purchasing patterns. Customer acquisition allows companies to maintain a competitive edge and generate a steady flow of revenue in a rapidly changing digital market. A Creative Management Platform( CMP) enables marketers to build, customize, and visualize ads in less time thereby ensuring brand consistency. Scaling is easy with multiple support and custom templates for streamlining the workflows. It also allows automated content generation, API integration, and quick publishing. These beneficial features will drive the growth of the creative management platforms market during the forecast period.

Wide use of creative content

Creative content generation is booming as users prefer customized content addressed specifically to solve their problems. In the era of instant gratification, enterprises need to constantly upgrade their systems to match the reduced attention span of viewers. CMPs are highly useful as they automate multiple campaign creation in various sectors and offer flexibility. Collaboration is fast, smooth, and easy with personalization at a massive scale using dynamic creative optimization. Higher engagement is achieved through enhanced creative solutions. This is expected to boost the growth of the creative management platforms market in the subsequent years.

CREATIVE MANAGEMENT PLATFORMS MARKET SHARE ANALYSIS
Based on type, the publishers and brands segment is expected to dominate in the creative management platforms market share with 65%.

Based on application, the large enterprises segment will witness significant growth opportunities in the creative management platforms market share.

Based on region, North America will grow the highest with a share of 55% followed by Europe and Asia-Pacific at a total share of 40%.

Creative Management Platforms Market By Type
Publishers and Brands
Marketers and Agencies

Creative Management Platforms Market By Application
Large Enterprises
SMEs

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